Civic Intelligence

International Arts & Philanthropy Founda

EIN 47-5031819 • 501(c)3 • Los Angeles, CA

Profile

To act as a fiscal receivership and principal fundraiser for companies trying to attain Non-Profit status

12512 Collins StreetLos Angeles, CA 91607
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

89th percentile

0.64x

Higher debt load relative to assets than 89% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

96th percentile

2.67x

Higher debt load relative to revenue than 96% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

9th percentile

-41%

Higher net margin than 9% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

55th percentile

$1,000

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 0.6% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

28th percentile

-4.9%

Faster asset growth than 28% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

2nd percentile

-82%

Faster revenue growth than 2% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Down

$692,857

Down $35,926 (-4.9%) from 2019

Liabilities

Up

$445,652

Up $32,382 (+7.8%) from 2019

Net Assets

Down

$247,205

Down $68,308 (-22%) from 2019

Revenue

Down

$166,728

Down $1,095,301 (-87%) from 2019

Expenses

Down

$235,036

Down $975,267 (-81%) from 2019

Net Income

Down

-$68,308

Down $120,034 (-232%) from 2019

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$800K$600K$400K$200K$0Assets 2017: $36,460Liabilities 2017: $0Net Assets 2017: $36,4602017Assets 2018: $259,832Liabilities 2018: $84,688Net Assets 2018: $175,1442018Assets 2019: $728,783Liabilities 2019: $413,270Net Assets 2019: $315,5132019Assets 2020: $692,857Liabilities 2020: $445,652Net Assets 2020: $247,2052020

Highlighted filing

2020

Assets$692,857
Liabilities$445,652
Net Assets$247,205

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2017: $327,273Expenses 2017: $306,089Net Income 2017: $21,1842017Revenue 2018: $790,032Expenses 2018: $666,395Net Income 2018: $123,6372018Revenue 2019: $1,262,029Expenses 2019: $1,210,303Net Income 2019: $51,7262019Revenue 2020: $166,728Expenses 2020: $235,036Net Income 2020: -$68,3082020

Highlighted filing

2020

Revenue$166,728
Expenses$235,036
Net Income-$68,308

Filings

Latest Detailed Filing

The latest 2020 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2017 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 12, 2018
Return Version
2017v2.2
Gross Receipts
$327,273
Mission and Program Overview

Mission

To act as a fiscal receivership and principal fundraising producer by promoting the arts and entrepreneurship with concerts and live special events for the purpose of supporting individual artists and fellow organizations.

To act as a fiscal receivership and principal fundraiser for companies trying to attain Non-Profit status

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$15,276$28,513▲ $13,237
Savings and Temporary Cash Investments-$7,947-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$15,276$36,460▲ $21,184
Other Assets Total-$0-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Temporarily Rstr Net Assets-$28,513-
Unrestricted Net Assets$15,276$7,947▼ $7,329
Total Net Assets Fund Balance$15,276$36,460▲ $21,184
Total Liabilities and Net Assets / Fund Balance$15,276$36,460▲ $21,184
Compensation and Service Providers

Board Members and Trustees

NameTitle
Dale GodboldoPresident
Amine El MouttakiVice President
Valerie KhoudariCOO
Revenue and Support

Revenue Composition

Contributions and Grants
$7,894
Program Service Revenue
$319,379
Investment Income
$0
Other Revenue
$0
All Other Contributions
$7,894
Change in Net Assets
$21,184
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$306,089
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$11,338--$11,338
All Other Expenses$2,641$7,490-$10,131
Total Functional Expenses$296,234$7,490$0$21,469
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

No review was or will be conducted.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
International Arts & Philanthropy Founda
EIN
47-5031819
Phone
8776824431
Address
5042 Wilshire Blvd, Los Angeles, CA 90036

Signing Officer

Name
Dale Godboldo
Title
President
Signed
2018-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dale Godboldo
Formed
2015
Legal Domicile
CA
Voting Board Members
3
Independent Board Members
0
Employees
0

Preparer

Firm
Carlsen Financial Inc
Address
24307 Magic Mountain Pkwy 423, Valencia, CA 91355
Preparer
Rachel Carlsen
Phone
8883152198
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 2: New Services

City Summit

Raw XML Appendix326 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
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IRS990/Form990PartVIISectionAGrp/TitleTxt2COO
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IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0327273
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IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
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IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
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IRS990/InformationTechnologyGrp/TotalAmt00
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IRS990/IRPDocumentCnt00
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IRS990/LoanOutstandingInd0false
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IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0false
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IRS990/MoreThan5000KToIndividualsInd0false
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IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
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IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
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IRS990/OtherExpensesGrp/Desc2Contractors
IRS990/OtherExpensesGrp/Desc3Donation to Project
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No review was or will be conducted.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part III, Line 2: New Services
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
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ReturnHeader/BuildTS02019-02-21 02:37:17Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
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ReturnHeader/Filer/BusinessNameControlTxt0INTE
ReturnHeader/Filer/EIN0475031819
ReturnHeader/Filer/PhoneNum08776824431
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ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090036
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt024307 Magic Mountain Pkwy 423
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Valencia
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd091355
ReturnHeader/PreparerPersonGrp/PhoneNum08883152198
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Rachel Carlsen
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02018-11-12T22:40:30-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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